Henderson Park and Hines acquire prime residential development site in Athens

Henderson Park and Hines have acquired a 71,000 square-meter (764,000-square-foot) site in Athens, Greece, for the development of a for-sale residential complex. The site is zoned for residential development and was acquired off-market from the Benaki Museum.

Paul Gomopoulos, senior managing director and country head for Greece at Hines, said, “The site’s location in Voula, one of Athens’ most desirable districts, and its proximity to the waterfront, provides a unique opportunity for premium residential. We will draw on our international expertise in residential development to deliver a high-quality product to international standards — one that will serve as an excellent example of Hines’ capability as we grow our residential platform in Greece and in the Living sector across Europe.”

The freehold site is located in the affluent residential suburb of Voula, south of Athens’ historical city center. Once complete, the new master-planned community will compr